| With lakes, forest, farmland, college towns | | | | Detroit |
| and big cities, Michigan has a little of | | | | |
| everything. Fortunately, Michigan real estate | | | | If ever there was a city that took a beating |
| prices are on the low end. | | | | in the press, it is Detroit. Criticized for |
| | | | an out of control crime problem, the city |
| Michigan | | | | definitely deserved some criticism in the |
| | | | past. These days, however, Detroit is in the |
| Michigan is a state of great beauty if the | | | | process of turning a new leaf. Over a BILLION |
| outdoors is your thing. The state borders no | | | | dollars has spent renovating the downtown |
| less than four of the Great Lakes and has | | | | area and crime statistics are down |
| thousands of smaller lakes within its border. | | | | significantly. For comparison purposes, |
| Yes, thousands. With all this water come | | | | Atlanta and Washington, D.C., have much |
| forest and a bevy of outdoor activities. If | | | | higher crime rates. The rebirth of Detroit is |
| you prefer the city life, Detroit is in a | | | | an ongoing process, so don't hesitate to give |
| renaissance. For a taste of the college life, | | | | it a look. It may be an opportunity to get in |
| Ann Arbor is the home of the University of | | | | on the bottom floor. |
| Michigan. | | | | |
| | | | Michigan Real Estate |
| Ann Arbor | | | | |
| | | | Michigan real estate prices are surprisingly |
| Home to the University of Michigan, Ann Arbor | | | | cheap. A single family home in Detroit will |
| is a great college town. With a population of | | | | set you back roughly $280,000, while the same |
| roughly 100,000, it is actually a small city | | | | home in Ann Arbor is $345,000. On average, |
| but can grow during college football season. | | | | the prices in Ann Arbor are the highest in |
| The football stadium holds over 100,000, and | | | | the state. |
| people from all over the state make a weekend | | | | |
| of the games. With the college atmosphere, | | | | With such reasonable prices, one wouldn't |
| Ann Arbor is full of interesting little | | | | really expect to see an exciting appreciate |
| shops, cafes and has an active nightlife. If | | | | rate in Michigan. For 2005, Michigan real |
| you're considering living in a college town, | | | | estate appreciated at a miserly rate of a |
| Ann Arbor should be on the top of your list. | | | | little less than 5 percent. |
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